secwatch.observer — SEC 8-K summary
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Issuer:     Stereotaxis, Inc. (STXS)
CIK:        0001289340
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001493152-22-012628
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stereotaxis Q1 revenue down 19% to $7.0M; net loss widens to $4.1M
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- Revenue $7.0M vs $8.6M prior year; system revenue $1.6M, recurring $5.4M.
- Operating loss and net loss both ($4.1M) vs ($1.5M) prior year; adjusted net loss ($1.6M) vs ($0.1M).
- Cash $36.9M, no debt; negative free cash flow ($3.3M) in Q1.
- Reiterates revenue growth guidance; system revenue expected in H2; Genesis adoption driver.
- Gross margin ~70%; recurring 85% consistent; system 21% reflects low volumes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289340/000149315222012628/0001493152-22-012628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289340/000149315222012628/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-012628

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer